A fund that looks to track the performance of large and medium sized companies globally in developed markets
The fund aims to track the performance of the FTSE Developed World ex UK Index, which represents the performance of large and mid cap companies in the developed world (as defined by FTSE) excluding the UK. The tracker utilises a full physical replication method which means it will hold all the companies comprising the index. To make sure it is aligned with the index, it will buy up or sell down to the target weights at each date of rebalance. We like the tracker as it gives us exposure to both large and mid cap companies throughout the world and it has tracked the benchmark well historically. It is also relatively cheap with an ongoing charge of 0.10% as of December 2015.
|Fund type:||Asset class:||Sector:|
Gerard O’Reilly is a principal of Vanguard Group, and has been with Vanguard since 1992., and has managed stock index portfolios since 1994. Vanguard uses a global team approach to management and trading in which portfolio managers manage and trade assets locally. In addition, each portfolio manager is able to carry out other team members’ responsibilities.
The Vanguard group is one of the largest asset managers in the world, with $3.4 trillion in asset under management (as of December 2015). The group was founded in 1975 and is known most prominently for its extensive range of passive products, which span all asset classes.
The group offers 319 funds with 144 outside of the US (as of December 2015), employs over 14,000 people and is client owned by its US-domiciled funds.
EQ offers a choice of investment strategies. We use these strategies to build and manage individual portfolios of investments for our clients: